About Us
About Us
About Us
Who we are
The Trust was established by De Aar Solar Power (also known as the De Aar plant or the De Aar project company) as part of the Renewable Energy Independent Power Producer (REIPP) programme implemented by the government to assist in alleviating South Africa’s electricity shortage. The Trust owns 8% of the De Aar plant. The Trust owns this share through its ‘trust company’. This means that when profits are made by the De Aar plant, the trust receives 8% of it.
This is paid in ‘dividends’ to the trust company and then on to the Trust. However, the Trust had to take loans to buy its 8% share in the De Aar plant. For several years from the time the Trust was established, this debt had to first be paid with almost all the funds received by the Trust. In 2019 the loans were finally settled and the Trust was able to fund more community development projects. The Trust is an independent entity that is governed by trustees who have been appointed to ensure that it is run in an effective, efficient, responsible, and accountable way.
Our Vision & Mission
OUR VISION
OUR MISSION
Through grantmaking, mentorship, and capacity building, we support grassroots efforts that create lasting change.
Our Vision & Mission
OUR VISION
OUR MISSION
Through grantmaking, mentorship, and capacity building, we support grassroots efforts that create lasting change.
Our Trustees
- Kenneth Mbangula
Whilst overseeing Globeleq's development vision within the local communities of its three power-producing plants, she remains passionate about building sustainable partnerships with stakeholders. She has a strong belief in building and maintaining good and sustainable relationships based on a win-win philosophy and believes that all stakeholders can find what works for them and other parties in any situation.
- Nwabisa Billie
Whilst overseeing Globeleq's development vision within the local communities of its three power-producing plants, she remains passionate about building sustainable partnerships with stakeholders. She has a strong belief in building and maintaining good and sustainable relationships based on a win-win philosophy and believes that all stakeholders can find what works for them and other parties in any situation.
- Hlengiwe Radebe
Whilst overseeing Globeleq's development vision within the local communities of its three power-producing plants, she remains passionate about building sustainable partnerships with stakeholders. She has a strong belief in building and maintaining good and sustainable relationships based on a win-win philosophy and believes that all stakeholders can find what works for them and other parties in any situation.
- Willie Van Niekerk
Willie was an admitted attorney and conveyancer with his own practice and was also involved in a number of small businesses and renewable project development consulting.
Whilst overseeing Globeleq's development vision within the local communities of its three power-producing plants, she remains passionate about building sustainable partnerships with stakeholders. She has a strong belief in building and maintaining good and sustainable relationships based on a win-win philosophy and believes that all stakeholders can find what works for them and other parties in any situation.